Work status and expectations

[budman]

First a poll. Please check the box.

Expectations you have for the next 6 months for your
job/work/retirement.

I will go first.

Small business owner.
7 employees
Monthly nut at full hum. 60k (rent, wages, supplies, software licenses etc)

Status
Biz obviously affected. A couple projects cancelled.
Permit submittals on hold while Cities shake things out.
2 employees doing basically not much.
1 still full time
3 working short hours on and off.
1 not working at all.

Expectations over the next 6 months.
Slow rebound in a couple weeks.
3 months of employees working from home.
Less new work and more competitive to get it.
Will have to take crap work and will struggle to break even.
Not expecting to make any money, but stay a float.
Potential high risk opportunity to bring in a well qualified partner.
55 hours a week for me with 30 being billable.

Share if you wish.

 

[Caddywumpus]

I expect to make it through.

But it's going to be ugly

 

[two wheel tramp]

President (GM) of a small company.

I'm in the office. Salespeople are WFH. Warehouse guy and tech are on the job and OMFG, they have been rockstars. I'm doing small parcels, phone, service related calls, etc., and being there to answer questions for those two. One other employee has been coming in from time to time to help with things as well.


If I can keep our five core employees plus the three sales staff paid for the next three months we'll see some recovery. Our shipping and receiving guy quit with no notice at the beginning of March. We lucked out there. One less person to pay.

We serve the restaurant industry and they are FUCKED right now.
Saving grace will be smaller scale producers who now need bigger machines. About two years after the end of the last recession we saw a ton of folks buying bigger equipment as their home businesses blossomed OR smaller producers needed to make another step up.
If we can weather the next six months we'll have a rosy future later on.

We've been donating funds to hospitality companies to help them support their staff. I sent out a part gratis to someone yesterday so he could get back to work. He's just trying to keep his business afloat. We respect that.

I've offered the owner to take a pay cut if it gets to that. My big concern now is paying vendors (based in Italy) so that they have money to reopen whenever they are allowed to do so. It's a balancing act. It's already slowed way the hell down but we will survive. I'm careful with our money and some is still slowly trickling in.

 

[bikeama]

Retired saved enough to get through this. Have SS, pension, and rental income. Also, hold the mortgage on my daughter's house. The mortgage payment I can skip if it means the kids will not be on the street. Lucky for me my renter has a job where she is still working.

My main concern is staying healthy. My daughter has a PH.D. from Johns Hopkins School of Medicine. She told us to get ready early in February. She is calling daily to make sure we are home and not going out.

I never thought I would see something like this in my lifetime.


Stay safe.

 

[ThumperX]

Small business, thought we'd be OK but our clients are going sidewaze, day to day. On the other hand, both of us are at retirement age ao perhaps now is the time.

 

[littlebeast]

i work for a large global medical company, and my job responsibilities are world-wide. have been in overdrive (working 7am to 1am with the odd break here and there) trying to keep up with COVID-19 driven issues and requirements - and keep our support viable. my SO is similar (but not the same industry). in spite of the workload, we both feel incredibly fortunate - our incomes are stable, so we are focused on supporting vulnerable family members and others in our orbit and community who are struggling. wish we could do more, but we are doing what we can (and worried about the ones who have gone radio silent that we haven’t been able to reach).

 

[tuxumino]

government worker, designated essential, goto work everyday and get paycheck like normal till someone has symptoms, then oh shit

 

[Eldritch]

I work for a midsized West Coast Charitable organization, should be fine.

 

[buellistic]

Out of work..
Medical issues..
May be homeless in 6 to 9 months if the virus issues aren't fixed..

 

[banshee01]

I work for a local family owned company. Probably everyone will be collecting unemployment for the 12 weeks or more so the company wont get as hurt in the long run. Not sure what they are gonna do about our health insurance, we will see. I do believe they care about us.

I know I will have a job with them after this and once the virus is over with I know business will be booming with good weather.

 

[Abacinator]

Work for a small business. We are "essential infrastructure," so I should be ok as long as jobs keep coming in.

 

[bpw]

In 2010 my girlfriend and I bailed out and spent 5 years traveling around on a sailboat, depending how this goes we may be going for that plan again. I am self employed and if the economy goes 2008 again I may be barely working for quite a while.

Luckily my girlfriend can work full time from home (for now at least) and our sailing kitty is in decent shape if we decide its time to get the hell out for a few years until the economy comes back. We need very, very little money when living on the boat so it doesn't take much to last a few years.

In the short term I have some vintage bikes to restore, a house that needs work and a sailboat to build so I will keep myself busy if work dries up.

Overall, we are very lucky to have the option to basically drop from the world for a few years if needed. No kids, no debt, no family that needs us to care for them.

 

[kuksul08]

Chose the wrong time to switch jobs. Now at the mercy of our gov shutdown before I can start at the new place, not getting paid or getting insurance.

 

[wazzuFreddo]

Working from home for the foreseeable future. Technically considered an essential employee because I do infrastructure stuff. If nothing is broken I can do just about all of it from home, so I’m staying put at my house.

 

[bojangle]

government worker, designated essential, goto work everyday and get paycheck like normal till someone has symptoms, then oh shit

Same here.

I'd rather not be out there exposing myself right now. We are handling as much work as we can over the phone and not going into private residences unless necessary, among other safety precautions.

 

[afm199]

Part owner small business. Probably will make it through, may end up laying off several employees. Nobody knows. Really, it's all a crap shoot at this point.

 

[boney]

I'm an essential worker who is expected to work the regular schedule. We make house calls for all things emergent in all conditions and locations. I'm in contact with 12 other coworkers in a living situation every day I work, and see up to about 20 different individuals who call us. Many of the places we go have no ability to socially distance themselves, and a lot of them don't care.

We have PPE for now, and practice a reasonable system to limit exposures. The houses get cleaned and sanitized at regular intervals daily. Everyone is being really good about it too. But we will probably all get the #rona at some point.

So long as it's not all at once, things will be fine.

 

[Killroy1999]

I work for a large-ish Chinese company. Our production has been barley phased. We are even hiring.

As a side business, I also own a hand full of out of state rental properties. I think those will be fine. I have a lot of prepaid rent.

 

[Yakoo752]

Wife and I are both in healthcare. WFH. Both essential services.

I’m HIT and she’s provider administration.

We’re probably working over 60 hours a week each while raising a 2 year old. I’m exhausted.

In don’t generate revenue so there is risk of unemployment. Were a large company in terms of headcount and revenue but our revenue per person is pretty low since we have a large service and implementations staff.

My wife’s facility is likely safe and thus her role. Just depends on what healthcare looks like down the road.

 

[ScarySpikes]

I am working from home, and will continue to be working from home for a few weeks at least. Warehousing is pretty resilient, thus, software supporting warehousing is also resilient. While we will probably see a flattening of business, it should be relatively secure.

I am apparently an essential employee, though we are still working from home, we have the option to work from the office. Apparently 3 or 4 people still go into the office.